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Rapaport Weekly Market Comment
Market upbeat despite summer lull and high rough prices. Dealers filling orders, spurring confidence for
News Jul 22, 2021 Rapaport News
Letlapa rough blue diamonds
Record Big-Stone Sales Boost Petra Results
Petra Diamonds’ sales accelerated in the past fiscal year as the market improved and discoveries of high-value stones
News Jul 22, 2021 Rapaport News
GCAL Everledger 140
Everledger, GCAL Partner on Diamond Origin
Gem Certification & Assurance Lab (GCAL) will work with Everledger to share provenance and grading data
News Jul 22, 2021 Rapaport News
Tiffany Costco ring 140
Tiffany, Costco Settle Long-Running Dispute
Costco Wholesale and Tiffany & Co. have finally laid to rest an eight-year legal dispute over alleged
News Jul 21, 2021 Rapaport News
Céline Assimon
De Beers Unites Retail Brands Under One CEO
De Beers has appointed Céline Assimon as head of both De Beers Jewellers and De Beers Forevermark, furthering the company’s
News Jul 21, 2021 Rapaport News
Arnon Juwal IDI 140
Israel Diamond Institute Elects Chairman
The board of the Israel Diamond Institute (IDI) has elected Arnon Juwal as its third chairman in three
News Jul 21, 2021 Rapaport News
Synthetic ruby with lead glass filling
GIA Spots Synthetic Ruby with Filling Treatment
The Gemological Institute of America (GIA) has identified a laboratory-grown ruby filled with lead glass — a rare phenomenon,
News Jul 21, 2021 Rapaport News
Swiss watches credit Shutterstock 140
Swiss Watch Exports Show Sharp Uptick in June
Swiss watch exports exceeded pre-pandemic levels in June amid a recovery in the US and China and strong demand
News Jul 21, 2021 Rapaport News
Luk Fook 140
Luk Fook Sales Rise in First Quarter
Luk Fook’s sales soared 118% in the first fiscal quarter amid the relaxation of border restrictions and
News Jul 20, 2021 Rapaport News
Willie Nagel
Diamond Broker Willie Nagel Dies
Willie Nagel, a legendary diamond broker and pioneer of the Kimberley Process (KP), died on July 14, according
News Jul 20, 2021 Rapaport News
De Beers rough
De Beers Prices Up 14% Since Start of Year
De Beers’ rough prices spiked in the first half of 2021 as supply shortages coincided with buoyant diamond demand
News Jul 20, 2021 Rapaport News
Rio Tinto Diavik 140
Lower Grades Dent Diavik Output
Diamond production at the Diavik mine in Canada dropped 12% year on year in the second quarter amid the
News Jul 19, 2021 Rapaport News
Michael Hill store 140
Michael Hill Sales Climb as Stores Reopen
Australian jeweler Michael Hill reported a rise in revenue during the fourth fiscal quarter amid the reopening
News Jul 19, 2021 Rapaport News
Antwerp diamond district
Belgium Diamond Trade Jumps in June
Belgium’s polished-diamond exports rose 58% year on year to $739 million in June as the industry continued to recover from
News Jul 19, 2021 Rapaport News
Trucks at Alrosa’s Verkhne-Munskoye mine
Alrosa Sales Jump to Pre-Coronavirus Levels
Alrosa’s second-quarter diamond revenues exceeded pre-pandemic levels as strong demand and limited supply supported the market.
News Jul 18, 2021 Rapaport News
Richemony Van Cleef & Arpels 140
‘Outstanding’ Jewelry Sales Boost Richemont
Sharp growth at Richemont’s jewelry and watch brands buoyed the luxury company’s revenues in the first fiscal
News Jul 18, 2021 Rapaport News
Diamond cutters in Surat India
India’s Polished Trade Extends Recovery
India’s polished-diamond exports registered their eighth consecutive year-on-year increase as the market continued to rebound, according to recent
News Jul 18, 2021 Rapaport News
NRF credit Shutterstock 140
US Retail Sales Upbeat in June
US retail sales rose in June as the economy continued to reopen and consumers were eager to go out and shop,
News Jul 18, 2021 Rapaport News
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Rapaport Weekly Market Comment
CAUTION: Rough prices surging out of control with some secondary market premiums over 10%. No assurance that
News Jul 15, 2021 Rapaport News
Chow Tai Fook
Chow Tai Fook Sales Rise Across Greater China
Chow Tai Fook saw sharp growth in Hong Kong and China in the past three months as both
News Jul 15, 2021 Rapaport News
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Weekly Market Comment

Market upbeat despite summer lull and high rough prices.

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